Hormel Foods Corporation, a global branded food company, announced it has reached an agreement to acquire Texas-based Sadler’s Smokehouse. Sadler’s Smokehouse is a family-owned business that specializes in premium and authentic pit-smoked meats for retail and foodservice customers. Hormel Foods has been a customer of Sadler’s Smokehouse for over two decades.
Sadler’s Smokehouse will continue operations from the Henderson, Texas, facility and will report into the refrigerated foods segment. The transaction was structured as an asset sale and is expected to close in March 2020, subject to customary closing conditions.